Crypto & IWM Leading the way higher!

At the beginning of the month, I anticipated a necessary pullback due to the red barrier on the Wr%. While I accurately predicted the pullback, I underestimated its severity and was slightly off on the timeline. As a swing/long-term trader, I'll accept minor discrepancies in the degree of severity and timing.

In a previous video and subsequent write-ups, I emphasized that Crypto BTC, ETH, and IWM, RTY would lead us out of the DIP. This week, we are witnessing exactly that! Crypto and the Russell 2000 are bouncing back stronger than QQQ and $SPY.

In my 2025 preview, I discussed how IWM has lagged behind since its peak in 2021. Before this bull market truly ends, we need a catch-up rally where the Russell launches itself at the SP500. I believe we will witness this in 2025, culminating in a blow-off top similar to 2021, followed by a significant correction crash.



Not financial advice.